We hope you all had a great Holiday season and that 2022 is off to a great start!
Today marks a new beginning for our project.
Phoneum was launched in December of 2017 with a mobile earner and a vision for a custom blockchain solution to suit and operate on mobile devices worldwide.
We have developed many apps and games throughout these 4 years and 2 months, with more than 4.5 Million downloads and counting.
With the total supply of PHT in circulation, we are extremely excited to announce that we started working on a custom mobile blockchain solution, which is planned to go live later this year! It will combine many great features and functionalities in a way, that has never been done before!
Our tokens PHT and PHTG are currently on the Tron Network, but with our blockchain solution in place, we need to migrate and combine them into a brand new coin.
With all these new developments in place, we have decided to give the project a new look, feel, and brand. Our ultimate goal is to make crypto and blockchain mainstream and with our wonderful community, to make a difference in the world of technology.
Phoneum is rebranding to Fone!
The Fone Network will be powered by the mobile cryptocurrency FONE. All our apps and games have been updated to support FONE. Since the development of our blockchain will be completed later this year, we have decided to use the Solana blockchain as a host of FONE for the time, while we finalize and test the Fone Network. Once the mainnet is released, all Solana-based FONE tokens will be converted to FONE coins. We chose the Solana blockchain because they have implemented a Proof of History consensus mechanism, which closely resembles the Proof of Time algorithm, that our blockchain solution will have in place.
All PHT and PHTG on LATOKEN have been converted to FONE at 1 PHT = 1 FONE and 33 PHTG = 1 FONE ratio and FONE is now trading.
We will keep you updated every step of the way and will need your assistance with testing once the alpha and beta networks are in place.
For now, we encourage all of you to convert your Tron-based PHT and PHTG to the Solana-based FONE through our apps and games to prepare for the release of the Fone Network.
Stay tuned for more exciting updates soon!
The Fone Team